Market Technology Acquisition Corp (NASDAQ:MTAKU) Short Interest Update

Market Technology Acquisition Corp (NASDAQ:MTAKU) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 1,003 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average daily trading volume, of 582,911 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Market Technology Acquisition to a “hold” rating in a research report on Saturday, August 1st.

Market Technology Acquisition Trading Down 0.1%

Shares of MTAKU traded down $0.01 during midday trading on Friday, reaching $9.97. The stock had a trading volume of 11,987 shares, compared to its average volume of 107,319. Market Technology Acquisition has a 12-month low of $9.90 and a 12-month high of $10.00.

Market Technology Acquisition Company Profile

Market Technology Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and combine with an operating business through a merger, share exchange, asset acquisition, or similar transaction. Its securities traded under separate symbols for units, ordinary shares and warrants.

As a SPAC, Market Technology Acquisition Corp. did not have an established operating business, proprietary products or recurring commercial services before completing a business combination.